TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT”) PROPOSED ACQUISITIONS BY OSK TRUSTEES BERHAD, ON BEHALF OF AXIS-REIT, OF 2 PROPERTIES LOCATED IN PETALING JAYA, SELANGOR DARUL EHSAN FOR A TOTAL CASH CONSIDERATION OF RM85,000,000 (“PROPOSED ACQUISITIONS”)
AXIS REAL ESTATE INVESTMENT TRUST |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
Description | AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT”) PROPOSED ACQUISITIONS BY OSK TRUSTEES BERHAD, ON BEHALF OF AXIS-REIT, OF 2 PROPERTIES LOCATED IN PETALING JAYA, SELANGOR DARUL EHSAN FOR A TOTAL CASH CONSIDERATION OF RM85,000,000 (“PROPOSED ACQUISITIONS”) |
(Unless otherwise stated, definitions
used in this announcement shall carry the same meanings as defined in the
announcement dated 14 June 2012). We refer to the announcements dated 14 June 2012, 11 September 2012, 12 September 2012 and 27 September 2012 in relation to, amongst others, the Proposed Acquisitions. On behalf of the Board of Directors of Axis REIT Managers Berhad, the management company of Axis-REIT, Maybank Investment Bank Berhad is pleased to announce that Proposed Acquisitions have been completed today in accordance to the terms and conditions of the Wisma Academy Parcel Agreement and Annex Agreement. This announcement is dated 1 October 2012. |
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 1 Oct 2012 |
Category | General Announcement |
Reference No | MI-121001-63339 |